er1 or er3

[Guest]

Dear sir,

 regular unit

ssi unit

what is difference both.

AI Summary

Understanding SSI Unit Exemptions: ER-3 vs. ER-1 Returns, Filing Procedures & Duty Payments Explained The discussion revolves around the differences between regular and SSI units in the context of central excise. SSI units benefit from exemptions up to 1.5 crores if their previous year's turnover does not exceed 4 crores, requiring them to file ER-3 returns quarterly. Regular units file ER-1 returns monthly. The forum also addresses procedural aspects like duty payment timelines and return filing for branded and unbranded goods. Participants discuss whether separate returns are necessary for different product categories, concluding that a single ER-3 return suffices for both branded and unbranded goods under SSI exemption.